• Larijani says Obama administration must change policies toward Iran

    Larijani says Obama administration must change policies toward Iran

    06/02/2009 05:00

    Iranian Parliament Speaker Ali Larijani on Friday urged the new U.S. administration to change policies toward Iran and admit past “wrongdoings” before dialogue and reconciliation could be realized between the two countries. New American President...

  • Toyota expects 4.9-bln-dollar operating loss

    Toyota expects 4.9-bln-dollar operating loss

    06/02/2009 05:00

    Toyota Motor Corp., which recently overtook General Motors in sales to become world’s largest automaker, on Friday said it could see an operating loss of 450 billion yen (4.9 billion U.S. dollars) in the fiscal year to March, due to the plunging sales amid global...

  • Medvedev, Barroso hold talks on energy, Russia-EU ties

    Medvedev, Barroso hold talks on energy, Russia-EU ties

    06/02/2009 05:00

    Russian President Dmitry Medvedev on Friday met with European Commission President Jose Manuel Barroso on energy security, the global financial crisis and Russia-EU ties. Russian President Dmitry Medvedev (R2) meets with European Commission President...

  • AIG, Citi deals gave US Treasury least value

    AIG, Citi deals gave US Treasury least value

    06/02/2009 05:00

    The US government’s “subsidy” – the percentage difference between the value paid and the value received – was largest for AIG at 63 percent and smallest for US Bancorp at 5 percent. The US Treasury...

  • Senators reach deal on stimulus bill

    Senators reach deal on stimulus bill

    06/02/2009 05:00

    US Senator Max Baucus (D-MT) (FROM R), Senate Majority Leader Harry Reid (D-NV), Senator Charles Schumer (D-NY), Senator Richard Durbin (D-IL) and Senator Patty Murray (D-WA) talk with reporters about a deal to pass President...

  • Putin, Barroso meet on energy security, Russia-EU ties

    Putin, Barroso meet on energy security, Russia-EU ties

    06/02/2009 05:00

    Russian Prime Minister Vladimir Putin met with European Commission President Jose Manuel Barroso on Friday to discuss energy security and bilateral economic relations. European Commission President Jose Manuel Barroso (L) meets with Russian Prime...

  • U.S. unemployment rate rises to highest level in 16 years

    U.S. unemployment rate rises to highest level in 16 years

    06/02/2009 05:00

    The unemployment rate in the United States rose to 7.6 percent in January, the highest level since September 1992, as employers slashed 598,000 jobs, the Labor Department reported Friday. Juan Berber, 37, looks for a job in sales or customer...

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